These are price zones that Fibonacci analysis show to be important points.
Chart is expanded vertically to reduce overlap in price labels.
There are zones above and below currently display, drag chart around.
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See the Related Ideas below for ideas on how I use such zones.
Chart is expanded vertically to reduce overlap in price labels.
There are zones above and below currently display, drag chart around.
-
-
See the Related Ideas below for ideas on how I use such zones.
Note
Updated with new Fib zones above, based on developments since post.Looks like some strong resistance in the newly added bands above.
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Lets see how strong (or not) EU is.This zone will be very telling
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Bouncing around in the top band.Looks like it might break out
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Close up of price action within the fib bands.Each line is acknowledged exactly.
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Thoroughly tested the fib bands above, and is now heading back down.I think it is headed quickly to the zone below, because between them is no-mans land
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Sure enough, right down to the possible support zone belowNote
Exact adherence to the Fibs, yet again Note
Each Fib line in each zone still defining the rhythm.Note
Is there any doubt that the entire universe runs on the Golden Ratio? Note
These two prices touches tell me this band is somewhat important.Note
Close up of the zone.ALSO, new impulse and Fib confirmed just now.
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Perfect tests of the energy bandsNote
Nice break and retest of Fib zone.Looks like it will reach higher towards next zone, where I plan to short
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Interesting action around my updated zones.I will post a new idea in the next day, as new developments have rejiggered some of the zones.
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Nice skimming off a Fib zone:The main chart needs update, will do so in a few hours.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.